European Stocks Record Small Weekly Gains

European stocks closed lower on Friday, as the Stoxx Europe 600 index declined by 0.52% and finished at 369.31 points, rising by 0.24% for the week.

The UK’s FTSE100 decreased by 0.71%, following the Bank of England’s (BoE) decision to maintain its main rate steady at 0.1%.

Meanwhile, the German DAX index lost 0.70%, while the French CAC40 index dropped by 1.22%.